View This Newsletter: How the SECURE Act is Changing Retirement How the SECURE Act is Changing Retirement On December 20, 2019, The Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law. The SECURE Act represents some…
View This Newsletter: IRS Announces Limits for 2020 IRS Announces Limits for 2020 On November 6, 2019, the IRS announced the cost of living adjustments affecting the dollar limitations for retirement plans. Contribution and benefit increases are based on a…
View this newsletter: Bucket List: Retirement Bucket List: Retirement The economy continues at its strong pace, keeping unemployment at its lowest rate in nearly 50 years. While this is usually good news, employee financial vulnerability is clouding this sunny forecast.…
View This Newsletter: Automatic Enrollment is on the Rise Automatic Enrollment is on the Rise With the future of Social Security in question, it is becoming ever increasingly important for workers to self-prepare for post-retirement living. Studies show that approximately…
View This Newsletter: It’s Testing Season! It’s Testing Season! Qualified plans must perform annual testing to be sure that the plan doesn’t unfairly discriminate in favor of “highly compensated employees” (HCEs) or exceed the contribution limits set forth by the IRS.…
View This Newsletter: Hardships Get a Little Easier Hardships Get a Little Easier Earlier this year, the bipartisan budget act of 2018 was passed by congress and signed into law. While this law made several changes that impact retirement plans, one…
View This Newsletter: The Retirement Income Gap and Helpful Hints for Plan Sponsors The Retirement Income Gap Many American workers participate in company retirement plans, methodically contributing to their accounts over time to fund for life after work. Beyond benefiting from…
View This Newsletter: Who Is An Employee and HSA vs 401k Who Is An Employee? Maintaining a retirement plan for your employees is no easy task. At various points during the year, employers and HR departments field participant questions, help with enrollments,…
View This Newsletter: End of the Year Checklist End of the Year Checklist As the year-end approaches, our to-do lists can be lengthy. There are holidays to prepare for, employee performance reviews to complete, and, oh, wait, there is also the…
View This Newsletter: Fiduciary Issues and Hurricane Relief Fiduciary Rule Round Up There has been much upheaval in the retirement world as of late and it centers around the new fiduciary rule. The New Fiduciary Rule means that many investment professionals…
